Notable 52-Week Highs and Lows of the Day 08/03: (CBS) (KFT) (RMD) High; (MTG) (MCP) (ZIP) Low

Article Stock Quotes (7) Comments (2)

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:

• CBS (NYSE: CBS) high of $35.17. CBS popping 6.5 percent following strong second-quarter results issued after the market closed Thursday. CBS ended up beating consensus EPS views by six cents.
  
  
• Kraft Foods Inc. (Nasdaq: KFT) high of $40.29. Kraft reported Q2 EPS of 68 cents, which beat estimates by six cents. Shares popped about 5 percent on the session to the new high.
  
  
• ResMed, Inc. (NYSE: RMD) high of $36.00. ResMed also moving higher on MTG) low of $0.66. MGIC moving lower again following Thursday's second quarter report as FBR Capital cut its rating on the stock from Outperform to Market Perform while lowering its price target from $5 down to $1.
  
  
• Molycorp, Inc. (NYSE: MCP) low of $11.31. Molycorp lower after reporting second-quarter 2012 loss of three cents versus consensus expectations calling for an eight cent per share profit. For more on the results, click here. Molycorp fell about 30 percent on the session to the new low.
  
  
• Zipcar, Inc. (Nasdaq: ZIP) low of $6.50. Zipcar also getting slammed following earnings. The company reported a Q2 loss of one cent per share, which was wider than views. In addition, Zipcar said it sees fiscal 2012 revenue of $272-$278 million, versus the consensus of $290.8 million. Shares down over 38 percent on the session.
  
  
• Health Net, Inc. (NYSE: HNT) low of $$16.66. Health Net beat Q2 expectations, but lowered its outlook significantly for fiscal 2012 EPS from $2.35 to $2.50 prior down to $1.00 to $1.10.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Applied Materials, Inc. (AMAT) Tops Q2 EPS by 3c, Offers Guidance
• Unusual 11 Mid-Day Movers 05/20: (AQ) (MEAD) (RSOL) Higher; (NBG) (TISI) (IEC) Lower
• Streetinsider.com's Hot Lunchtime Reads 05/21: (DIS) (JCP) (VOD) (PNR)

Create E-mail Alert Related Categories

Special Reports

Related Entities

Earnings

Comments

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?